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Side-by-side financial comparison of BRC Inc. (BRCC) and FIRST FINANCIAL CORP (THFF). Click either name above to swap in a different company.

BRC Inc. is the larger business by last-quarter revenue ($112.7M vs $70.5M, roughly 1.6× FIRST FINANCIAL CORP). FIRST FINANCIAL CORP runs the higher net margin — 30.4% vs -2.8%, a 33.3% gap on every dollar of revenue. On growth, FIRST FINANCIAL CORP posted the faster year-over-year revenue change (14.1% vs 6.5%). FIRST FINANCIAL CORP produced more free cash flow last quarter ($86.4M vs $-9.4M). Over the past eight quarters, FIRST FINANCIAL CORP's revenue compounded faster (20.8% CAGR vs 7.0%).

BRC Inc., operating under the Black Rifle Coffee brand, is a U.S.-headquartered premium coffee and lifestyle brand. It sells roasted coffee beans, ready-to-drink coffee products, branded apparel, and outdoor gear, targeting primarily veteran, first responder, and outdoor enthusiast consumer segments across North America, via both e-commerce and physical retail channels.

First American Financial Corporation is an American financial services company which provides title insurance and settlement services to the real estate and mortgage industries.

BRCC vs THFF — Head-to-Head

Bigger by revenue
BRCC
BRCC
1.6× larger
BRCC
$112.7M
$70.5M
THFF
Growing faster (revenue YoY)
THFF
THFF
+7.6% gap
THFF
14.1%
6.5%
BRCC
Higher net margin
THFF
THFF
33.3% more per $
THFF
30.4%
-2.8%
BRCC
More free cash flow
THFF
THFF
$95.8M more FCF
THFF
$86.4M
$-9.4M
BRCC
Faster 2-yr revenue CAGR
THFF
THFF
Annualised
THFF
20.8%
7.0%
BRCC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BRCC
BRCC
THFF
THFF
Revenue
$112.7M
$70.5M
Net Profit
$-3.2M
$21.5M
Gross Margin
32.1%
Operating Margin
-6.3%
37.4%
Net Margin
-2.8%
30.4%
Revenue YoY
6.5%
14.1%
Net Profit YoY
-29.3%
32.1%
EPS (diluted)
$-0.02
$1.81

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BRCC
BRCC
THFF
THFF
Q4 25
$112.7M
$70.5M
Q3 25
$100.7M
$65.8M
Q2 25
$94.8M
$63.1M
Q1 25
$90.0M
$62.5M
Q4 24
$105.9M
$61.8M
Q3 24
$98.2M
$58.4M
Q2 24
$89.0M
$49.2M
Q1 24
$98.4M
$48.4M
Net Profit
BRCC
BRCC
THFF
THFF
Q4 25
$-3.2M
$21.5M
Q3 25
$-486.0K
$20.8M
Q2 25
$-5.3M
$18.6M
Q1 25
$-2.9M
$18.4M
Q4 24
$-2.5M
$16.2M
Q3 24
$-535.0K
$8.7M
Q2 24
$-482.0K
$11.4M
Q1 24
$548.0K
$10.9M
Gross Margin
BRCC
BRCC
THFF
THFF
Q4 25
32.1%
Q3 25
36.9%
Q2 25
33.9%
Q1 25
36.1%
Q4 24
38.1%
Q3 24
42.1%
Q2 24
41.9%
Q1 24
42.9%
Operating Margin
BRCC
BRCC
THFF
THFF
Q4 25
-6.3%
37.4%
Q3 25
0.5%
39.2%
Q2 25
-13.3%
36.2%
Q1 25
-6.0%
38.1%
Q4 24
-2.1%
32.4%
Q3 24
1.1%
17.9%
Q2 24
1.1%
27.6%
Q1 24
4.0%
27.2%
Net Margin
BRCC
BRCC
THFF
THFF
Q4 25
-2.8%
30.4%
Q3 25
-0.5%
31.6%
Q2 25
-5.6%
29.5%
Q1 25
-3.2%
29.5%
Q4 24
-2.3%
26.3%
Q3 24
-0.5%
15.0%
Q2 24
-0.5%
23.1%
Q1 24
0.6%
22.6%
EPS (diluted)
BRCC
BRCC
THFF
THFF
Q4 25
$-0.02
$1.81
Q3 25
$0.00
$1.75
Q2 25
$-0.07
$1.57
Q1 25
$-0.04
$1.55
Q4 24
$-0.03
$1.37
Q3 24
$-0.01
$0.74
Q2 24
$-0.01
$0.96
Q1 24
$0.01
$0.93

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BRCC
BRCC
THFF
THFF
Cash + ST InvestmentsLiquidity on hand
$4.3M
Total DebtLower is stronger
$34.7M
$188.2M
Stockholders' EquityBook value
$45.7M
$650.9M
Total Assets
$209.2M
$5.8B
Debt / EquityLower = less leverage
0.76×
0.29×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BRCC
BRCC
THFF
THFF
Q4 25
$4.3M
Q3 25
$9.5M
Q2 25
$4.3M
Q1 25
$3.9M
Q4 24
$6.8M
Q3 24
$7.3M
Q2 24
$9.6M
Q1 24
$4.0M
Total Debt
BRCC
BRCC
THFF
THFF
Q4 25
$34.7M
$188.2M
Q3 25
$35.0M
$170.5M
Q2 25
$72.7M
$122.7M
Q1 25
$68.8M
$124.9M
Q4 24
$65.1M
$28.1M
Q3 24
$64.9M
$30.5M
Q2 24
$66.5M
$108.6M
Q1 24
$61.5M
$58.6M
Stockholders' Equity
BRCC
BRCC
THFF
THFF
Q4 25
$45.7M
$650.9M
Q3 25
$48.0M
$622.2M
Q2 25
$10.1M
$587.7M
Q1 25
$11.2M
$571.9M
Q4 24
$13.2M
$549.0M
Q3 24
$14.5M
$566.0M
Q2 24
$14.9M
$530.7M
Q1 24
$14.6M
$520.8M
Total Assets
BRCC
BRCC
THFF
THFF
Q4 25
$209.2M
$5.8B
Q3 25
$222.4M
$5.7B
Q2 25
$225.3M
$5.6B
Q1 25
$222.9M
$5.5B
Q4 24
$227.4M
$5.6B
Q3 24
$233.7M
$5.5B
Q2 24
$229.9M
$4.9B
Q1 24
$227.2M
$4.9B
Debt / Equity
BRCC
BRCC
THFF
THFF
Q4 25
0.76×
0.29×
Q3 25
0.73×
0.27×
Q2 25
7.19×
0.21×
Q1 25
6.15×
0.22×
Q4 24
4.94×
0.05×
Q3 24
4.47×
0.05×
Q2 24
4.46×
0.20×
Q1 24
4.21×
0.11×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BRCC
BRCC
THFF
THFF
Operating Cash FlowLast quarter
$-8.7M
$90.4M
Free Cash FlowOCF − Capex
$-9.4M
$86.4M
FCF MarginFCF / Revenue
-8.3%
122.5%
Capex IntensityCapex / Revenue
0.6%
5.6%
Cash ConversionOCF / Net Profit
4.21×
TTM Free Cash FlowTrailing 4 quarters
$-13.5M
$144.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BRCC
BRCC
THFF
THFF
Q4 25
$-8.7M
$90.4M
Q3 25
$6.4M
$26.9M
Q2 25
$-3.3M
$12.7M
Q1 25
$-4.1M
$21.1M
Q4 24
$2.2M
$60.4M
Q3 24
$1.9M
$23.3M
Q2 24
$2.3M
$8.8M
Q1 24
$4.9M
$12.4M
Free Cash Flow
BRCC
BRCC
THFF
THFF
Q4 25
$-9.4M
$86.4M
Q3 25
$5.6M
$25.8M
Q2 25
$-4.3M
$11.6M
Q1 25
$-5.3M
$20.5M
Q4 24
$504.0K
$54.3M
Q3 24
$-205.0K
$19.5M
Q2 24
$147.0K
$8.4M
Q1 24
$2.2M
$11.5M
FCF Margin
BRCC
BRCC
THFF
THFF
Q4 25
-8.3%
122.5%
Q3 25
5.5%
39.2%
Q2 25
-4.5%
18.4%
Q1 25
-5.9%
32.8%
Q4 24
0.5%
87.8%
Q3 24
-0.2%
33.5%
Q2 24
0.2%
17.2%
Q1 24
2.2%
23.7%
Capex Intensity
BRCC
BRCC
THFF
THFF
Q4 25
0.6%
5.6%
Q3 25
0.8%
1.7%
Q2 25
1.0%
1.8%
Q1 25
1.3%
0.9%
Q4 24
1.6%
9.9%
Q3 24
2.2%
6.5%
Q2 24
2.4%
0.7%
Q1 24
2.8%
2.0%
Cash Conversion
BRCC
BRCC
THFF
THFF
Q4 25
4.21×
Q3 25
1.29×
Q2 25
0.68×
Q1 25
1.14×
Q4 24
3.72×
Q3 24
2.67×
Q2 24
0.77×
Q1 24
8.97×
1.14×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BRCC
BRCC

Sales Channel Through Intermediary$72.9M65%
Sales Channel Directly To Consumer$34.4M31%
Outpost$5.4M5%

THFF
THFF

Segment breakdown not available.

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